Post
Topic
Board Bitcoin Discussion
Re: [self-moderated] Is LN Bitcoin? franky1: About scaling, on-chain and off-chain
by
n0nce
on 20/01/2022, 15:16:07 UTC
it would be better if those promoting LN actualy showed how and why its different to bitcoin. then it may reveal real niche usecases they can actually promote. rather then the usual "bitcoin is broke and wont scale, everyone should use this alternate network instead" game
Wait, you think the Bitcoin blockchain scales? We basically have a hard limit of transactions per second of around 20.
maximum of 12195 transactions

12 thousand transactions per block (10 minutes) means 20 transactions per second and some pocket change. This will never suffice without off-chain scaling mechanisms.

Franky, you're always going deep into implementation details that half of the people here can't even understand; let's see it from a high-level perspective: how do you think Bitcoin adoption should work on a large scale purely based around the blockchain? Recording every little transaction, every micropayment, every in-game purchase, everything on the almighty blockchain? It will clog up bad.

I mean, even with the super controversial SegWit introduction we only went from 10 tx/s to 20 tx/s... I would be very interested how you envision scaling without going off-chain, purely on a high level.